Genie Energy Ltd
Genie Energy Ltd., through its subsidiaries, provides energy services in the United States and internationally. It operates in two segments, Genie Retail Energy and Genie Renewables. The company resells electricity and natural gas to residential and small business customers in the Eastern and Midwestern United States and Texas; and develops, constructs, and operates utility-scale solar energy pro… Read more
Genie Energy Ltd (GNE) - Net Assets
Latest net assets as of September 2025: $188.82 Million USD
Based on the latest financial reports, Genie Energy Ltd (GNE) has net assets worth $188.82 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($394.12 Million) and total liabilities ($205.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $188.82 Million |
| % of Total Assets | 47.91% |
| Annual Growth Rate | 12.79% |
| 5-Year Change | 108.59% |
| 10-Year Change | 56.54% |
| Growth Volatility | 64.71 |
Genie Energy Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Genie Energy Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Genie Energy Ltd (2009–2024)
The table below shows the annual net assets of Genie Energy Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $179.55 Million | -2.69% |
| 2023-12-31 | $184.51 Million | +6.26% |
| 2022-12-31 | $173.64 Million | +56.73% |
| 2021-12-31 | $110.79 Million | +28.71% |
| 2020-12-31 | $86.08 Million | +6.36% |
| 2019-12-31 | $80.93 Million | -12.66% |
| 2018-12-31 | $92.66 Million | +38.04% |
| 2017-12-31 | $67.13 Million | -15.95% |
| 2016-12-31 | $79.86 Million | -30.37% |
| 2015-12-31 | $114.70 Million | -3.89% |
| 2014-12-31 | $119.34 Million | +2.58% |
| 2013-12-31 | $116.34 Million | -1.49% |
| 2012-12-31 | $118.10 Million | -1.83% |
| 2011-12-31 | $120.30 Million | +251.38% |
| 2010-12-31 | $34.24 Million | +15.96% |
| 2009-12-31 | $29.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genie Energy Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 132.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $64.57 Million | 33.90% |
| Common Stock | $309.00K | 0.16% |
| Other Comprehensive Income | $3.92 Million | 2.06% |
| Other Components | $121.71 Million | 63.88% |
| Total Equity | $190.51 Million | 100.00% |
Genie Energy Ltd Competitors by Market Cap
The table below lists competitors of Genie Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
$286.31 Million |
|
Velesto Energy Bhd
KLSE:5243
|
$286.32 Million |
|
Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.
SHE:301068
|
$286.32 Million |
|
Capitec Bank Holdings Ltd
JSE:CPI
|
$286.37 Million |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
$286.23 Million |
|
Oriental Union Chemical Corp
TW:1710
|
$286.20 Million |
|
FutureChem Co.Ltd
KQ:220100
|
$286.19 Million |
|
Nathans Famous Inc
NASDAQ:NATH
|
$286.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genie Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 197,239,000 to 190,508,000, a change of -6,731,000 (-3.4%).
- Net income of 12,588,000 contributed positively to equity growth.
- Dividend payments of 8,210,000 reduced retained earnings.
- Share repurchases of 11,211,000 reduced equity.
- Other comprehensive income increased equity by 620,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.59 Million | +6.61% |
| Dividends Paid | $8.21 Million | -4.31% |
| Share Repurchases | $11.21 Million | -5.88% |
| Other Comprehensive Income | $620.00K | +0.33% |
| Other Changes | $-518.00K | -0.27% |
| Total Change | $- | -3.41% |
Book Value vs Market Value Analysis
This analysis compares Genie Energy Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.75x to 2.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $1.32 | $14.21 | x |
| 2010-12-31 | $1.51 | $14.21 | x |
| 2011-12-31 | $5.61 | $14.21 | x |
| 2012-12-31 | $5.92 | $14.21 | x |
| 2013-12-31 | $6.16 | $14.21 | x |
| 2014-12-31 | $5.88 | $14.21 | x |
| 2015-12-31 | $5.57 | $14.21 | x |
| 2016-12-31 | $4.23 | $14.21 | x |
| 2017-12-31 | $3.57 | $14.21 | x |
| 2018-12-31 | $4.03 | $14.21 | x |
| 2019-12-31 | $3.45 | $14.21 | x |
| 2020-12-31 | $3.66 | $14.21 | x |
| 2021-12-31 | $4.68 | $14.21 | x |
| 2022-12-31 | $7.10 | $14.21 | x |
| 2023-12-31 | $7.57 | $14.21 | x |
| 2024-12-31 | $7.01 | $14.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genie Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.96%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.95x
- Recent ROE (6.61%) is below the historical average (11.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 77.05% | 8.59% | 5.19x | 1.73x | $19.80 Million |
| 2010 | 43.12% | 7.24% | 3.53x | 1.69x | $11.19 Million |
| 2011 | 1.28% | 0.80% | 1.36x | 1.18x | $-11.10 Million |
| 2012 | -2.68% | -1.43% | 1.53x | 1.23x | $-15.53 Million |
| 2013 | -4.87% | -2.11% | 1.76x | 1.31x | $-18.02 Million |
| 2014 | -21.19% | -9.63% | 1.80x | 1.22x | $-38.99 Million |
| 2015 | -6.04% | -3.55% | 1.35x | 1.26x | $-19.79 Million |
| 2016 | -25.41% | -11.56% | 1.74x | 1.26x | $-34.18 Million |
| 2017 | -8.32% | -2.65% | 2.10x | 1.50x | $-15.40 Million |
| 2018 | 21.98% | 8.13% | 1.91x | 1.42x | $12.42 Million |
| 2019 | 4.40% | 1.32% | 2.02x | 1.65x | $-5.31 Million |
| 2020 | 13.41% | 3.69% | 1.91x | 1.91x | $3.35 Million |
| 2021 | 23.70% | 9.04% | 1.41x | 1.86x | $16.89 Million |
| 2022 | 46.92% | 27.83% | 1.14x | 1.48x | $69.09 Million |
| 2023 | 9.91% | 4.56% | 1.30x | 1.68x | $-185.90K |
| 2024 | 6.61% | 2.96% | 1.15x | 1.95x | $-6.46 Million |
Industry Comparison
This section compares Genie Energy Ltd's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $19,749,720,789
- Average return on equity (ROE) among peers: 9.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genie Energy Ltd (GNE) | $188.82 Million | 77.05% | 1.09x | $286.29 Million |
| Aboitiz Equity Ventures Inc (ABOIF) | $21.34 Billion | 14.80% | 0.79x | $1.55 Billion |
| Ameren Corp (AEE) | $4.55 Billion | 11.50% | 2.12x | $30.51 Billion |
| American Electric Power Co Inc (AEP) | $26.99 Billion | 10.99% | 2.82x | $71.56 Billion |
| Avangrid Inc (AGR) | $500.50 Million | 10.07% | 2.97x | $2.56 Billion |
| Central Puerto S.A. (CEPU) | $4.66 Billion | 28.55% | 1.05x | $2.49 Billion |
| CLP Holdings Ltd (CLPHY) | $125.97 Billion | 9.20% | 0.86x | $14.34 Billion |
| CMS Energy Corporation (CMS) | $2.46 Billion | 11.28% | 5.30x | $23.53 Billion |
| CenterPoint Energy Inc (CNP) | $8.35 Billion | -9.26% | 3.01x | $27.76 Billion |
| The Connecticut Light and Power Company (CNTHP) | $2.55 Billion | -9.96% | 3.94x | $506.99K |
| Caribbean Utilities Company Ltd (CUPUF) | $133.72 Million | 17.09% | 1.34x | $224.77 Million |